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Jan 14, 2013
01/13
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the yield curve will get more possibly sloped and that will be indicative of strengthening economic environments. >> got it. dennis, great to see you. >> always nice to be on. >> dennis gartman. time now for pops and drops, the big movers you might have missed. drop for verizon. b.k.? >> trading down in sympathy with apple and the order cuts. verizon sells a lot of the iphones. i would stay away. >> big pop for fifth and pacific. up 11%. karen? >> yes, they were at the icr conference, a big retail conference this week and they put out numbers which were not as disappointing that people thought. kate spade, absolutely on fire, even though juicy, not so juicy, but we like fifth and pacific. >> pop for research in motion. pete? >> this is the story with a no story. a stock that was $11.82 at 10:00 in the morning that finished at 1 $14.95. there's been volume in the stock and options. expectations this stock is going to go higher. splenty of speculation. forget about that. a lot of dollars right now. >> pop for ups. grasso? >> their deal with tnt express fell apart. they have to pay $266 million bec
the yield curve will get more possibly sloped and that will be indicative of strengthening economic environments. >> got it. dennis, great to see you. >> always nice to be on. >> dennis gartman. time now for pops and drops, the big movers you might have missed. drop for verizon. b.k.? >> trading down in sympathy with apple and the order cuts. verizon sells a lot of the iphones. i would stay away. >> big pop for fifth and pacific. up 11%. karen? >> yes, they...
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Jan 15, 2013
01/13
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KPIX
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environment 22 years ago with founder emilia rudolph. where did the idea come from? what was the genesis of this? >> one day clinging to a cliff in the sierra looking out at the vast view, i asked this question -- what would it be like to dance here? what would that mean? >>. >> reporter: it meant combining amelia's love of dance -- >> you open it as awe step back. >> reporter: with her then-boyfriend peter mayfield's passion for rock climbing. >> we eastern were connecting around how rock climbing and dance were very similar. >> double double, double two loops. >> reporter: for 22 years now, they have used the tools of rock climbing to scale their stages. in mexico that stage was the site of the oldest cathedral in the country. >> and stop. perfect. >> reporter: executive director thomas cavanaugh oversees the performance. safety always comes first. >> locked, two bolts -- >> reporter: after months of advance work and a week of intend rehearsals, it's show time. ♪ >> we leave that image in people's minds of what it's like to do someth
environment 22 years ago with founder emilia rudolph. where did the idea come from? what was the genesis of this? >> one day clinging to a cliff in the sierra looking out at the vast view, i asked this question -- what would it be like to dance here? what would that mean? >>. >> reporter: it meant combining amelia's love of dance -- >> you open it as awe step back. >> reporter: with her then-boyfriend peter mayfield's passion for rock climbing. >> we eastern...
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Jan 18, 2013
01/13
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KNTV
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the green crab decimated fisheries and altered the local environment here. >> reporter: in the mississippi river, asian carp wipe out native fish. in the great lakes, zebra mussels are the problem. today, the challenge, contain invasive species before they get out of control. >> this problem is extremely serious and can cause environmental harm, economic harm, and harm even to human health. we're talking about over $100 billion worth of damage to the u.s. economy every year. >> reporter: for now, it's unclear what, if any damage, will occur in the pacific northwest. but tonight the experts don't like what they see. miguel almaguer, nbc news, san francisco. >>> when we come back, a big birthday for the first lady, though not the big one. and she celebrates with a new look. ♪ chances are, you're not made of money, so don't overpay for motorcycle insurance. geico, see how much you could save. >>> american airlines known by that instantly recognizable aa logo for so many years is tonight a little less recognizable because they have changed their look. in a big rollout campaign with accompany
the green crab decimated fisheries and altered the local environment here. >> reporter: in the mississippi river, asian carp wipe out native fish. in the great lakes, zebra mussels are the problem. today, the challenge, contain invasive species before they get out of control. >> this problem is extremely serious and can cause environmental harm, economic harm, and harm even to human health. we're talking about over $100 billion worth of damage to the u.s. economy every year....
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Jan 17, 2013
01/13
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. >> in this regulatory environment, they have got, to rick. >> i agree, but i think it's going to be nasty every first friday of the month for a while longer. >> all right. >> certainly going to be a lot of volatility. >> thanks, guys. see you later, gentlemen. >> michael fax he's bilingual, no knew. >> try having to say bartiromo every day. a big pair of bank earnings. a preview of american, press and intel. >> let's start win tell, folks. 45 cents, looking $13.5 billion in revenue. that's not what is important. intel couldn't trade on last quarter's numbers. it trades on forward revenue guide as. that's where the problem might be, so they are looking for 14.5 billion in the fourth quarter. the question is what's the guidance going to be, and a lot of people are concerned it's going to be below the current quarter numbers so 12.5 to 13.5 billion a lot of people are looking at. at 12.5 billion or below there's a problem for intel. american express, unfortunately, not a lot of sussense. i think it was the 10th last week when they were standing here. pre-announced. didn't tell us but c
. >> in this regulatory environment, they have got, to rick. >> i agree, but i think it's going to be nasty every first friday of the month for a while longer. >> all right. >> certainly going to be a lot of volatility. >> thanks, guys. see you later, gentlemen. >> michael fax he's bilingual, no knew. >> try having to say bartiromo every day. a big pair of bank earnings. a preview of american, press and intel. >> let's start win tell, folks. 45...
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Jan 15, 2013
01/13
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treasury, and that type of environment where dividends are going to grow 10% this year, that can be a good backdrop on stocks like ford that developed its dividend last week, lowe's on the home improvement side and dresser injuries and transindustries. >> with all due respect, jpmorgan out yesterday saying that maybe the dividend play is last year's play and maybe now is the time to get into riskier assets in equities because they feel like the economy is going to start to pick up. so you're sticking with the dividend play though? >> i am. for these two reasons. one, bill, the growth of dividends is the story. not the absolute yield. it's the growth in dividends and that can be names like qualcomm, apple, ford is my example. second. when investors look much like 1994 and 1999, when interest rates went higher, the ten-year treasury was yielding, was returning minus 3% for those two calendar years. people will come back to the stock market, but they will come back to the stock market in the safer yield and dividend-growing stories. that is why i think the catalyst for david dents will s
treasury, and that type of environment where dividends are going to grow 10% this year, that can be a good backdrop on stocks like ford that developed its dividend last week, lowe's on the home improvement side and dresser injuries and transindustries. >> with all due respect, jpmorgan out yesterday saying that maybe the dividend play is last year's play and maybe now is the time to get into riskier assets in equities because they feel like the economy is going to start to pick up. so...
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Jan 16, 2013
01/13
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the second is that the german economy remained competitive last year despite a weaker environment, and that has given exports a boost. >> exports are the backbone of the german economy. they continued to grow last year, albeit at a slower rate. companies are proceeding with caution. they are cutting investment amid uncertainty about what the new year will hold, especially for the eurozone. in 2011, the german economy grew by 3%. that figure dropped to 0.7% last year. the economy even contracted in the final quarter. the government is poised to cut its own forecast for 2013 to just 0.5%. that is unlikely to have an immediate impact on the jobs market. the unemployment rate is expected to see just a small rise this year. >> for, let's cross over to a frankfurt -- to frankfurt. not necessarily the greatest news for those without a job, but there was good news for the german tax man. >> absolutely. the government has been able to reach its budget plans earlier than expected. the new debt load has been lower than expected, and this has been very good news, although the government also lower
the second is that the german economy remained competitive last year despite a weaker environment, and that has given exports a boost. >> exports are the backbone of the german economy. they continued to grow last year, albeit at a slower rate. companies are proceeding with caution. they are cutting investment amid uncertainty about what the new year will hold, especially for the eurozone. in 2011, the german economy grew by 3%. that figure dropped to 0.7% last year. the economy even...
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Jan 13, 2013
01/13
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FOXNEWSW
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. >> equipment that american manufacturers rely on to compete in a low wage global environment go away. mike mipg travis, what happens in your business in this coming year? >> we had two huge rollouts the left model for chord buddy 20% of people are left handed the classical model for chord buddy will not happen. we will not get the breaks that we needed to write off that money, you know, tax wise. >> let it's not there anymore new product somebody has got it to build if it and ship it and sell it it's several jobs down the line that went happen because you don't have the money to make that work. >> right. >> all right. and, john, you talked about there may be fewer folks out on the road with you. >> yeah. that means what happens to those people? where do they go? what can they do? >> it's that effect of people losing jobs. and, you know, it's -- i mean, it's a painful thing to let somebody go that you have been working with for years and years. especially in music and what i do. that's part of what you do. it's part of your sound. at the end of the day you are looking at your paper an
. >> equipment that american manufacturers rely on to compete in a low wage global environment go away. mike mipg travis, what happens in your business in this coming year? >> we had two huge rollouts the left model for chord buddy 20% of people are left handed the classical model for chord buddy will not happen. we will not get the breaks that we needed to write off that money, you know, tax wise. >> let it's not there anymore new product somebody has got it to build if it...
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Jan 14, 2013
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in this regulatory environment that's not a good place to be. james foreman's move into retail and other sector so i think that's a meaningful shift for them. >> is the regulatory environment too tight? >> in some number of areas, yes. in some others, no. so i can actually say mixed answer. in a lot of dodd-frank has to do with things that had nothing to do with the financial crisis. you may remember one of the first laws actually implemented where they wrote the language was debit fees. they capped debit fees. that had nothing to do with anything around the financial crisis. on the other hand things like the volcker rule and others, they're still working on them, and i think there should be some good regulation around capital risk taking, and such, on the trading desks. that's still to come. >> the other big banking wall street news this week is jamie diamond and jpmorgan, i don't know if you follow this, but the london whale, the board, is going to be potentially releasing an internal report on what happened. if you were on the board would you
in this regulatory environment that's not a good place to be. james foreman's move into retail and other sector so i think that's a meaningful shift for them. >> is the regulatory environment too tight? >> in some number of areas, yes. in some others, no. so i can actually say mixed answer. in a lot of dodd-frank has to do with things that had nothing to do with the financial crisis. you may remember one of the first laws actually implemented where they wrote the language was debit...
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Jan 14, 2013
01/13
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been lovingly restored with great care and attention to welcome students back into a peaceful and safe environment. many businesses and groups are promoting the love we have in newtown as well as fundraising to help those in most need. neighbors here and elsewhere are reaching out to each other to provide support, services, a listening ear, a should tore cry on. i have had the honor to meet people from similar events in aurora, columbine and virginia tech and hope they can teach ugh ways to help heal our families in town. i do not want to be someone sharing my experience and consoling another parent next time. i do not want there to be a next time. the sandy took promises the start of our change. it's a promise we make for our community, but we need a nation of communities to join us to meet -- i don't know yet what these changes are. i come with no preconceiveded agenda. i do believe there's no quick fix single action, but instead a multitude of interlinked actions that are needed. i love newtown. and i love sandy hook. my family chose to live here and we stand by our choice. one tragedy cannot u
been lovingly restored with great care and attention to welcome students back into a peaceful and safe environment. many businesses and groups are promoting the love we have in newtown as well as fundraising to help those in most need. neighbors here and elsewhere are reaching out to each other to provide support, services, a listening ear, a should tore cry on. i have had the honor to meet people from similar events in aurora, columbine and virginia tech and hope they can teach ugh ways to...
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Jan 14, 2013
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let me does you, tim hollands, how are you putting work to be in this environment? what kind of year do you expect it to be? >> we don't have price on the dow, but we continue to look at more domestic-facing companies and industries, so consumer finance are big parts of both portfolios. we think housing continues to improve, consumer continues to delever, monetary policy remains supportive, so stock-pickers, we own redwood trust, which is a mortgage reit investment jumbo. we own carmax. they invented the used car superstore, lots of growth left there. and then a final stock would be ko colfax, which we do a great job as the vascular system for the global economy. they build large fluid systems for petrochemical companies, energy companies, as the economy comes in, as industrial production comes back, they're well positioned. so, we're pretty constructive on the asset class, particularly because a lot of people don't seem to be all that constructive on the asset class. >> steve sax, what about you? where are you seeing the flow? what are investors particularly grav s
let me does you, tim hollands, how are you putting work to be in this environment? what kind of year do you expect it to be? >> we don't have price on the dow, but we continue to look at more domestic-facing companies and industries, so consumer finance are big parts of both portfolios. we think housing continues to improve, consumer continues to delever, monetary policy remains supportive, so stock-pickers, we own redwood trust, which is a mortgage reit investment jumbo. we own carmax....
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Jan 18, 2013
01/13
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um, and the other one is the political environment. where we actually -- oh, boy, sorry. >> with can't blame the audience. [laughter] >> it's really going to be hard to ignore it, but we're going to do it. so the other piece of it is the political environment where we have the ability to fix the situation. we basically know what the fix is. we know that you need a comprehensive debt deal that's big enough to stabilize the debt, and i think we all remember the period when we were actually trying to balance the budget. we're not there. we're not going to be there anytime soon. but you certainly want to make sure the debt's not growing faster than the economy and that it's actually put on a downward path, and we know that the problem is big that to accomplish that you have to look at every part of the budget. you have to look at defense spending, you have to clearly -- and focus on -- look at health care costs which are growing faster than the economy. we have to fix our social security system which makes promises that are bigger than wha
um, and the other one is the political environment. where we actually -- oh, boy, sorry. >> with can't blame the audience. [laughter] >> it's really going to be hard to ignore it, but we're going to do it. so the other piece of it is the political environment where we have the ability to fix the situation. we basically know what the fix is. we know that you need a comprehensive debt deal that's big enough to stabilize the debt, and i think we all remember the period when we were...
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Jan 21, 2013
01/13
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steve to you, this is a different environment, a different time, they needed a little bit of money. they opened it to corporate donations. you heard the president going there to say thank you for the money. >> yeah he didn't need to be re-elected this time. they are having a good time tonight. they are joking with each other and the crowd. there were moments joe biden was speaking he had the crowd fired up when he said president obama is just getting started. he repeated himself twice he is just getting started. he laid out policy agenda guns immigration and rebooting the economy and barack obama came on and was in a joef yell mood. >> for all of the talk we had during the campaign ofment o prt obama's ability to raise money it would be a million dollar campaign and the talk mitt romney had more corporate donors it would be a wash in cash. the president had no trouble raising enough money to get himself re-elected it is thanks in part to an incredible network he has built over the years. talk about the importance of money in this election, charles. >> he has never backed for money.
steve to you, this is a different environment, a different time, they needed a little bit of money. they opened it to corporate donations. you heard the president going there to say thank you for the money. >> yeah he didn't need to be re-elected this time. they are having a good time tonight. they are joking with each other and the crowd. there were moments joe biden was speaking he had the crowd fired up when he said president obama is just getting started. he repeated himself twice he...
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Jan 21, 2013
01/13
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how would you invest in this environment? the muni bond market, obviously you and your father have long specialized in. what's your take on how to allocate capital today? >> you know, there are obviously so many things going on. the municipal bond industry is still somewhat a question in terms of what will happen as the budget talks continue, and will there be some form of tax on municipals? i think the important thing for people to do, and this is both men and women, is not to make any rash moves when things happen in washington or when there are major moves. really try and remember that you're planning for your life. you want to think about what your goals are and how your investments actually fit into that. one of the most important things that people should be doing, actually every year, is sitting down and doing a lifestyle analysis and figuring out how much am i spending, how much do i have to save, and how much do i have to invest? have my goals changed? i recommend people work with a financial adviser, a financial pla
how would you invest in this environment? the muni bond market, obviously you and your father have long specialized in. what's your take on how to allocate capital today? >> you know, there are obviously so many things going on. the municipal bond industry is still somewhat a question in terms of what will happen as the budget talks continue, and will there be some form of tax on municipals? i think the important thing for people to do, and this is both men and women, is not to make any...
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Jan 18, 2013
01/13
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the green crab decimated fisheries and altered the local environment here. >> reporter: in the mississippi river, asian carp wipe out native fish. in the great lakes, zebra mussels are the problem. today, the challenge, contain invasive species before they get out of control. >> this problem is extremely serious and can cause environmental harm, economic harm, and harm even to human health. we're talking about over $100 billion worth of damage to the u.s. economy every year. >> reporter: for now, it's unclear what, if any damage, will occur in the pacific northwest. but tonight the experts don't like what they see. miguel almaguer, nbc news, san francisco. >>> when we come back, a big birthday for the first lady, though not the big one. and she celebrates with a new look. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. a body at rest t
the green crab decimated fisheries and altered the local environment here. >> reporter: in the mississippi river, asian carp wipe out native fish. in the great lakes, zebra mussels are the problem. today, the challenge, contain invasive species before they get out of control. >> this problem is extremely serious and can cause environmental harm, economic harm, and harm even to human health. we're talking about over $100 billion worth of damage to the u.s. economy every year....
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Jan 13, 2013
01/13
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he had just entered the rangers at 2001 so his entire career his service had been in that environment. he had a wife and i think two children. he is representative of the force. and if you think not just to the service member but of the wife. the spousal husband whos ever back with the children with repetitive years gone, repetitive stresses and strains. they're an extraordinarily professional force. to my knowledge this is the first time we fought a lengthy war with a completely professional force. we don't really know the long term impact. it's held together well but there are a lot of disturbing numbers like suicides which worries me a lot. >> schieffer: it seems to me that we are asking a military to do more than it is designed to do. and people are talking about reducing the size of the military but it seems to me if we're going to ask the same of the military that we're asking now, we actually need a larger military. and i don't think that's going to happen. >> well, i would take it in a slightly different direction. we are asking the same military but i'm not sure it's a milita
he had just entered the rangers at 2001 so his entire career his service had been in that environment. he had a wife and i think two children. he is representative of the force. and if you think not just to the service member but of the wife. the spousal husband whos ever back with the children with repetitive years gone, repetitive stresses and strains. they're an extraordinarily professional force. to my knowledge this is the first time we fought a lengthy war with a completely professional...
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Jan 21, 2013
01/13
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i noticed he mentioned global warming and environment. that's another thing we need to move forward to attend to. he has a big agenda ahead of him, and very serious problems in several countries in the world, but i think his movement out of war, as he said, ending a deca decade, as a matter of fact, more than a decade of war, i hope that will prevail. >> thank you, mr. president. enjoy the lunch. i heard it's pretty tasty. back to you, anderson. >> you see the supreme court justice scalia there, and now you see john kerry. we just saw barack obama signing the papers for him to be nominated as secretary of state. let's check in with robin meade. robin? >> if you're on the national mall like these folks were, i want to see how the speech resonated with them. i told them they could get their word in. stephanie is from indianapolis, and you said there is a part of the speech that really resonated with you. >> yes, it was a very emotional moment, but the best part was the president calling us to unite as a nation, unite as a nation. it was won
i noticed he mentioned global warming and environment. that's another thing we need to move forward to attend to. he has a big agenda ahead of him, and very serious problems in several countries in the world, but i think his movement out of war, as he said, ending a deca decade, as a matter of fact, more than a decade of war, i hope that will prevail. >> thank you, mr. president. enjoy the lunch. i heard it's pretty tasty. back to you, anderson. >> you see the supreme court justice...
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Jan 18, 2013
01/13
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but we had to adjust to the environment we're in right now. that's what we're dealing with. >> where would you say the net flow is now between morgan stanley brokers and merrill brokers right now? who's winning? are you -- you added more? have they -- and are you -- are you in an aggressive mode right now in terms of offering them increased compensation to come to morgan stanley, or -- >> i'm going to give you an answer which may be a little counterintuitive. the person who's winning might be the one who's actually losing on net flow. in other words, there are some very aggressive recruiting packages out there. anybody can go out and spend money -- >> in the past -- >> spend money and buy talent. do you want us just buying talent? >> i don't know. where are you now in terms of totals? >> we're over 16,500. i forget exactly. i think merrill -- you know, honestly, i don't even know. >> ubs is a big player. >> well, ubs is very different. they're a global private bank doesn't have brokers, has private bankers. the domestic business which is the o
but we had to adjust to the environment we're in right now. that's what we're dealing with. >> where would you say the net flow is now between morgan stanley brokers and merrill brokers right now? who's winning? are you -- you added more? have they -- and are you -- are you in an aggressive mode right now in terms of offering them increased compensation to come to morgan stanley, or -- >> i'm going to give you an answer which may be a little counterintuitive. the person who's...
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Jan 21, 2013
01/13
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WBAL
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you're also assessing the environment. are all the players in place? you're looking at about 40 something law enforcement agencies and it's an orchestra coming together to do a symphony and the secret service is the conductor. >> during the parade, the thrill of thrills for someone along the parade route is when the president and first lady get out of the car and walk. they get to see them. >> yeah. >> they get to get a glimpse of them. that has to be the biggest nightmare for people in your former position. >> yes. of course, you don't want them coming into close proximity with people. you don't know what a person is going to do, even though they've gone through a metal detector. you don't know what their intentions are. >> is that what we think of as a spontaneous moment where the president gets out, actually a carefully, orchestrated event? >> sometimes yes, sometimes no. sometimes we think, okay, we're going to go from point a to point b. and he may do a b-line and go the other way. >> can't the secret service tell him, mr. president, this is where
you're also assessing the environment. are all the players in place? you're looking at about 40 something law enforcement agencies and it's an orchestra coming together to do a symphony and the secret service is the conductor. >> during the parade, the thrill of thrills for someone along the parade route is when the president and first lady get out of the car and walk. they get to see them. >> yeah. >> they get to get a glimpse of them. that has to be the biggest nightmare for...
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Jan 17, 2013
01/13
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and then the mortgage re-phi boom in this interest rate environment has been a boom in the past couple of years. those are going to expire at some point. with interest rates where they are, it's difficult for the banks on margin. there's no question the banking system is much stronger, earning better and is has much higher capital and liquidity than it's had probably forever almost. >> you know, well, that's quite a statement because there's a lot of people who would still say banks shouldn't necessarily be turning around and handing capital back to shareholderses. would you agree that given the improvements we've made, it's time for them to be allowed to go forward? >> i think that the banks have accumulated so much capital and that they really don't have a good use for it in light of the lack of qualified loan demand. i'm not saying lack of loan demand because there's a lot of loan demand. but the credit standards are much higher and you don't have much to do with the capital. so you have to give it back if you don't need it. i'm talking about toous banks. it's not true around the wo
and then the mortgage re-phi boom in this interest rate environment has been a boom in the past couple of years. those are going to expire at some point. with interest rates where they are, it's difficult for the banks on margin. there's no question the banking system is much stronger, earning better and is has much higher capital and liquidity than it's had probably forever almost. >> you know, well, that's quite a statement because there's a lot of people who would still say banks...
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Jan 14, 2013
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that's what you have to do particularly in today's environment where there is a fair amount of risk. let me ask you before we get into this dwe bait. how are you managing risk right now? how are you allocating capital? >> we're global managers so we have a broad spectrum where we can go now. we think overseas is advantageous rather than being in the u.s. close to the highs. yet the economy is -- the real economy is trading somewhat off its highs. if you look at europe, for example, where the headlines have been negative. the news flow has been awful. performance has been awful as well. so the market in europe has more reflected the performance of the real economy than it has here in the u.s. the fed qe program, the safe haven of the u.s. has caused money to flow to this part of the world. i think that leaves the u.s. a little pricier and perhaps more of a risk. >> it takes courage to fight the fed, though, right? >> absolutely. but ultimately and jack said it, fundamentals do matter. i think the market will reflect those. >> i heard active management does better in down markets than
that's what you have to do particularly in today's environment where there is a fair amount of risk. let me ask you before we get into this dwe bait. how are you managing risk right now? how are you allocating capital? >> we're global managers so we have a broad spectrum where we can go now. we think overseas is advantageous rather than being in the u.s. close to the highs. yet the economy is -- the real economy is trading somewhat off its highs. if you look at europe, for example, where...
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Jan 15, 2013
01/13
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the group struck a down beat note warning that the global environment would remain challenging. let's take a look at shares. they are trading up nearly 4% in trade in london, up better than 7% in the last seven days. what's interesting, too, this is a company that last year just in talking about chinese sales saw shares get walked. >> after a really big run. there was a lot built into expectation owes that. >> this time, investors seemed happy about beating the last time. >> meantime, the 2% drop for same-store sales for h&m showed total sales up 8% last month, outperforming stims estimates. >>> coming up, we'll take a closer look at burberry with. >> inny carlisle, joining out at so is 10:45 a.m. central european time. set your alarm clock. >> something even more important is going on. for all of those who like a strong pint of bitter, the british beermaker has announced that it is reducing the alcohol content in its ale because of rising costs and lower demand. apparently watered down beer allows the parent company, heineken, to pay a lower rate of duty. so they're going to re
the group struck a down beat note warning that the global environment would remain challenging. let's take a look at shares. they are trading up nearly 4% in trade in london, up better than 7% in the last seven days. what's interesting, too, this is a company that last year just in talking about chinese sales saw shares get walked. >> after a really big run. there was a lot built into expectation owes that. >> this time, investors seemed happy about beating the last time. >>...
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Jan 15, 2013
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the national council for silence and the environment host as forum on the disasters and environment. after remarks by fema director craig fugate, the lessons will focus on hurricane katrina, the ongoing drought and earthquake in japan on c-span 3 at 8:30 eastern. on c-span 2 at 9:00 a.m. eastern, a brookings institution conference on innovation and the economy. panelists in the day long event are scheduled to include the presidents and c.e.o.'s of alcoa, procter & gamble and nike. >> he had been talking about this dream he'd had. he talked about it for years, the american dream, and that it had become his dream and he had been in detroit just a few months before and he had talked about, you know, i have a dream that america will some day realize these principles and the declaration of independence. so i think he was just inspired by that moment. >> sunday on "after words" clayborn carson recalls his journey as a civil rights activist participating in the march on washington. it's part of three days of book tv this weekend, monday, featuring authors and books on the inauguration, pres
the national council for silence and the environment host as forum on the disasters and environment. after remarks by fema director craig fugate, the lessons will focus on hurricane katrina, the ongoing drought and earthquake in japan on c-span 3 at 8:30 eastern. on c-span 2 at 9:00 a.m. eastern, a brookings institution conference on innovation and the economy. panelists in the day long event are scheduled to include the presidents and c.e.o.'s of alcoa, procter & gamble and nike. >>...
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Jan 18, 2013
01/13
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consumers large and small rely on back up generators, at huge cost to both the environment and economy says energy expert kirit parikh. he traces the problem to policies that never really took into account the cost of power and gave it away to some consumers >> we started out with saying farmers should get cheap and free electricity. this was 30 years ago when we wanted farmers to really adopt more modern technologies, it was considered a good way to promote green revolution. >> reporter: power was distributed cheaply or free to farmers and other groups who's votes politicians courted. little effort was made to meter it. that prompted many people to hook themselves up, illegally. parikh says a third of all power is stolen off the grid. >> of the generated electricity is not charged to anyone. >> reporter: with little new money coming in, public utilities haven't been able to expand capacity or to buy enough fuel like coal or natural gas-- both in short supply anyway. power must be rationed but some regions overdraw their allotment. that can cause the system to shut down, or as it did l
consumers large and small rely on back up generators, at huge cost to both the environment and economy says energy expert kirit parikh. he traces the problem to policies that never really took into account the cost of power and gave it away to some consumers >> we started out with saying farmers should get cheap and free electricity. this was 30 years ago when we wanted farmers to really adopt more modern technologies, it was considered a good way to promote green revolution. >>...
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Jan 21, 2013
01/13
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CNBC
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the policy overlay, the policy concerns that have been a bit of be a an override, created an adverse environment on the dodd frank act. i think we're in the process of moving beyond those concerns and that could be really, really helpful. >> jared, is there a realistic prospect for something that could respectably be called tax reform or is that simply an exercise to raise a little bit more revenue? >> more of the latter than the former in my humble opinion. it's great they're all getting along today as hampton was telling us, but the idea of very deep tax reform seems pretty difficult given the disagreements up there. on the other hand, you were mentioning this earlier and i agree, the deal will involve both revenues, probably from the tax expenditure side, and spending cuts, and as has been said, the president has significant spending cuts on the table. >> corporate tax reform? >> possibly, but i'm not sure -- that again is going to be lower rate, broader base. i don't know if that's real massive tax reform. >> a second coming out for the obama daughters who have grown up before our eyes. >> p
the policy overlay, the policy concerns that have been a bit of be a an override, created an adverse environment on the dodd frank act. i think we're in the process of moving beyond those concerns and that could be really, really helpful. >> jared, is there a realistic prospect for something that could respectably be called tax reform or is that simply an exercise to raise a little bit more revenue? >> more of the latter than the former in my humble opinion. it's great they're all...
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Jan 14, 2013
01/13
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he is not responsible for them having a proper environment in which to do their jobs and that will include making sure that don't ask, don't tell and elimination of don't ask, don't tell is fully implemented. >> with regard to the military budget, he has called the military a bloated organization. chairman of the joint chiefs, martin dempsey, said this week that we are on the brink of creating a hollow force. would a secretary of defense hagel pro-provide over the hollowing out of the defense department? >> the biggest concern with respect to who will league out is this sequester that's hanging like a sword over the department. that's what they had tried -- have to not let that happen but with respect to going in and finding things within the department of defense that perhaps you don't need or you can eliminate, if that's what you mean by bloat, i hope he does find bloat and gets rid of it. >> agree with his characterization that it's bloated? >> bloated doesn't necessarily mean the whole department is bloated. bloated mean there is are probably things in the department that you can take
he is not responsible for them having a proper environment in which to do their jobs and that will include making sure that don't ask, don't tell and elimination of don't ask, don't tell is fully implemented. >> with regard to the military budget, he has called the military a bloated organization. chairman of the joint chiefs, martin dempsey, said this week that we are on the brink of creating a hollow force. would a secretary of defense hagel pro-provide over the hollowing out of the...
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Jan 15, 2013
01/13
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of pent-up demand, so i think this debate is centered on the right thing, what do we do to create an environment where businesses can grow. >> if we need and if republicans argue that what needs to be done is to cut the deficit, they need to perhaps go into default, are you okay with that? ivities illustrates well again i think we need to look at that time it through the lens of economy development. anything to slow this expansion down would have very, very serious consequences to all of us. >> let me ask you about your announcement last week. you were going to hire engineers, computer programmers. last year you announced to add 12,000 jobs by 2015. given everything that's going on, how confident are you that you'll still be able to meet that goal? >> well, i think that's absolutely our plan now, based on the strength of our products and the fuel efficiency, the quality, the safety that we have now -- we are now growing. we've hired 8,100 people last year. great jobs and great careers. as you pointed out, our plan is to expand the production even further to meet the demand and we're going to be
of pent-up demand, so i think this debate is centered on the right thing, what do we do to create an environment where businesses can grow. >> if we need and if republicans argue that what needs to be done is to cut the deficit, they need to perhaps go into default, are you okay with that? ivities illustrates well again i think we need to look at that time it through the lens of economy development. anything to slow this expansion down would have very, very serious consequences to all of...
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to be cursed not just now to top their own ways it's kind of a perfect storm environment for the merchants and spread of the so-called super strains of influenza trees so we're doing it to ourselves dr mike over thank you so much for being with us and thank you. after the break with a young today asian activist sudden self on fire the arab spring was born what kinds of change could or should the death of a young activist here in america where it. makes life complete. and a happy family. or self-expression. that seems so true. when it's a. child. a mission. could you take three years for charges free. richmond's free. three stooges free. download free broadcast quality video for your media projects a freebie deal done to our teeth dot com. and welcome back one quick story to update you on i guess we can take the trillion dollar platinum coin off the table just like the fourteenth amendment solution the obama administration ruled out using a platinum coin to raise the debt ceiling should republicans in the house not act a statement from the treasury released on saturday read neither the trea
to be cursed not just now to top their own ways it's kind of a perfect storm environment for the merchants and spread of the so-called super strains of influenza trees so we're doing it to ourselves dr mike over thank you so much for being with us and thank you. after the break with a young today asian activist sudden self on fire the arab spring was born what kinds of change could or should the death of a young activist here in america where it. makes life complete. and a happy family. or...
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Jan 14, 2013
01/13
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KPIX
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you know, when you spend your whole life in the environment, you learn every square inch of the beautiful everglades. >> reporter: these fields of saw grass and marshy woods are also home to 68 threatend or endangered species. birds, hundreds of alligators, and something you can't see, tens of thousands of burmese pythons. the snakes are foreign predators devouring the native animals that belong here. they can eat bears, you say, even panthers? deer? >> deer, hogs, and smaller animals. >> reporter: which is why on saturday the state of florida kicked off what it calls the python challenge. a month-long snake hunt with prizes for those who catch and kill pythons. 1,000 people have signed up, most of them amateurs like sean and kate hicks of georgia. >> we have zero experience, zero hunting experience, and i've never killed anything ever. we'll see. i don't know. >> reporter: sean heard about the challenge and signed up as a christmas present for his wife. >> we brought a big 18-inch machete, knife. so -- >> reporter: do you know how to use it? >> no, never used it in my life. i assume i sw
you know, when you spend your whole life in the environment, you learn every square inch of the beautiful everglades. >> reporter: these fields of saw grass and marshy woods are also home to 68 threatend or endangered species. birds, hundreds of alligators, and something you can't see, tens of thousands of burmese pythons. the snakes are foreign predators devouring the native animals that belong here. they can eat bears, you say, even panthers? deer? >> deer, hogs, and smaller...
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Jan 18, 2013
01/13
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. >> susie: so is the slow growth environment coming to an end, or is the u.s. economy still stuck in neutral? suzanne pratt reports. >> reporter: ann lenane has sold real estate in up and down markets, what she says about today's market might surprise you. >> the real estate market is hot. it is on fire. >> reporter: her read on real estate market makes sense given that home sales and new construction are recovering from their recent steep declines. and, some economists believe housing will replace manufacturing as a key growth driver this year. beyond the housing, the economy has recently been showing other signs of strength. retail sales and manufacturing activity were surprisingly strong in december. today, we learned that jobless claims are at a five-year low. on top of that the stock market, often considered a leading indicator of the economy hit a five-year high today. we're not talking about any old high, it's the highest level for the s&p 500 since before the financial crisis. still, not all economists believe there's reason to celebrate, just yet. >> w
. >> susie: so is the slow growth environment coming to an end, or is the u.s. economy still stuck in neutral? suzanne pratt reports. >> reporter: ann lenane has sold real estate in up and down markets, what she says about today's market might surprise you. >> the real estate market is hot. it is on fire. >> reporter: her read on real estate market makes sense given that home sales and new construction are recovering from their recent steep declines. and, some economists...
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Jan 18, 2013
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what you have is this mutated society trying to repair itself as you try to navigate a complex environment. you don't speak the language and you have cultural deficits. it is almost impossible to develop the contextual understanding that you need. you have to understand if you're trying to impact a society. >> in other news, the militants said they have executed a french hostage captured in 2009. french armed forces tried to rescue him last saturday but failed. they executed him on wednesday evening and they say he was probably killed during the rescue attempt. the country now has a steady government. the united states recognizes them for the first time in 20 years pillar in -- 20 years. lance armstrong has been stripped of his mettle. the committee acted after the governing body found him guilty of systematic doping and stripped them of seven wins. there is speculation as to whether he will lead men to open or apologize. extremists are gaining ground militarily and they're also winning popular support. it has become increasingly powerful. the free syrian army is living in kidnapping. they
what you have is this mutated society trying to repair itself as you try to navigate a complex environment. you don't speak the language and you have cultural deficits. it is almost impossible to develop the contextual understanding that you need. you have to understand if you're trying to impact a society. >> in other news, the militants said they have executed a french hostage captured in 2009. french armed forces tried to rescue him last saturday but failed. they executed him on...
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Jan 16, 2013
01/13
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CSPAN2
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potential for political instability perhaps has increased, amplified by the deteriorating economic environment that chavez will also bequeath to his successor. so what happens next? are there some scenarios that are more likely than others? what are the implications for vens venezuela and also the international community, and what is the chavez legacy for the region? we've assembled a top flight panel, each of the panelists having deep experience in and knowledge of venezuela. our first panel cyst is russell dallen -- panelist is russell dallen. was is a journalist through and through having worked for a firm of leading publications around the world, a keen observer of the issues. he's also an effective commentator, and his views are widely sought by the press and the markets. any of you of who have followed venezuela recently have probably seen his name pop up in some of the press articles. russ is a harry suspect truman scholar which is something i like to point out whenever i can. second is charles shapiro, formerly the u.s. ambassador to venezuela. charles recently which canned a very succ
potential for political instability perhaps has increased, amplified by the deteriorating economic environment that chavez will also bequeath to his successor. so what happens next? are there some scenarios that are more likely than others? what are the implications for vens venezuela and also the international community, and what is the chavez legacy for the region? we've assembled a top flight panel, each of the panelists having deep experience in and knowledge of venezuela. our first panel...
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Jan 16, 2013
01/13
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what's your take on the economic environment right now? >> well, you know, we expect that it's going to continue to be a challenging environment, and maria, as an organization we're very focused on the things, you know, that we can control in the marketplace and that's how we market our brand, product innovation and how we execute at the restaurant level, and image activation where we're reinvesting in our restaurants at a very aggressive rate is really producing some phenomenal results. these are the things that we can do to move our brand forward, and we have a lot of confidence in it. >> so, let me ask you about the commodities cost and, of course, this is something we've been talking about throughout the earnings season. chipotle today citing higher commodities expenses and going to impact their earnings through the fourth quarter. has this been the case for wendy's? what are you seeing. >> in 2012 we saw a 90 basis point increase in commodities which is roughly 3%. as we look at 2013, we're looking for something in the area of 90 to 1
what's your take on the economic environment right now? >> well, you know, we expect that it's going to continue to be a challenging environment, and maria, as an organization we're very focused on the things, you know, that we can control in the marketplace and that's how we market our brand, product innovation and how we execute at the restaurant level, and image activation where we're reinvesting in our restaurants at a very aggressive rate is really producing some phenomenal results....
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Jan 16, 2013
01/13
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. >> one what are the things you think you can do in this environment? by the way, i talked to bankers who say, you know what, i don't know if anyone's going to trust us. first of all i'm not sure anyone did historically trusted banks. >> agreed. >> and that it may never get that much better until, frankly, the economy gets better and the unemployment picture gets better. >> i would sake exception with never. i think there have been times in the past when the banker was your friend. you knew you could go down and get a loan if you needed to buy a house. you didn't worry about whether you could qualify. you worried about, you know, what house you wanted to buy. those are the types we need to get back. to frankly, banking's only one part of the financial services industry. this is a very broad, very wide industry. markets are driven based on people's confidence in their future, their willingness to invest in something they think has a better future than the current times. so earning that confidence. you know, financial advisers in our industry, professiona
. >> one what are the things you think you can do in this environment? by the way, i talked to bankers who say, you know what, i don't know if anyone's going to trust us. first of all i'm not sure anyone did historically trusted banks. >> agreed. >> and that it may never get that much better until, frankly, the economy gets better and the unemployment picture gets better. >> i would sake exception with never. i think there have been times in the past when the banker was...
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Jan 18, 2013
01/13
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for the environment? for climate? for science? for technology? we are getting the government. this is the hard truth. what is going to happen in two months is to solidify this. nobody is speaking out for the government. we're talking of protecting the few entitlements -- that is the rearguard action. do not kill everything. but we'll squeeze into nothing. you are absolutely right -- the top cannot pay. they have been given every way to get their money out tax-free. it is trillions of dollars that have been lost, in addition to what has been wasted. [applause] >> it is about to get fun. if i can get some quick responses -- i want to come to you. jeffrey sachs said a moment ago -- there is a bipartisan consensus that the port chester not matter. they end up being more and more invisible -- the port just do not matter. they end up being more and more invisible. talk about a guy like in johnson who in doing what he did make it clear that he knew he was writing off the south for the next 30 years of pushing the programs he pushed, the war on poverty, the civil rights act. let me as
for the environment? for climate? for science? for technology? we are getting the government. this is the hard truth. what is going to happen in two months is to solidify this. nobody is speaking out for the government. we're talking of protecting the few entitlements -- that is the rearguard action. do not kill everything. but we'll squeeze into nothing. you are absolutely right -- the top cannot pay. they have been given every way to get their money out tax-free. it is trillions of dollars...
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Jan 21, 2013
01/13
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KGO
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we know it is housed in a water-proof, fire-proof environment. that's the biden bible. >> the biden family bible. being brought in by the attorney general of delaware. that's the next big event, coming up. the swearing in of the vice president. >> it had a celtic cross on the front of it. >> we can't help but remember the 70-year-old vice president's mother was there. that's the family bible. >> yes. >> dating back to the 19th century. >> the vice president had a bigger ceremony for his official swearing in yesterday, than president obama. about 120 people were there. we see more members of the senate delegation there. orrin hatch, dianne feinstein, senator thune of south carolina. >> donna brazile, last year, you were wearing your fleece. everyone looks a lot happier this year. >> it's a lot warmer this year. i thought of miss bing up there. i had a nice seat. yesterday, i was honored to be with the vice president and dr. jill biden, at the naval observatory. we had an incredible morning. sonia sotomayer, justice, gave the oath of office. and it
we know it is housed in a water-proof, fire-proof environment. that's the biden bible. >> the biden family bible. being brought in by the attorney general of delaware. that's the next big event, coming up. the swearing in of the vice president. >> it had a celtic cross on the front of it. >> we can't help but remember the 70-year-old vice president's mother was there. that's the family bible. >> yes. >> dating back to the 19th century. >> the vice president...
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Jan 17, 2013
01/13
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CNBC
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i actually feel the environment is still tough, maybe getting more friendlives can i ask you about the rally we've had generally? it's notable that goldman sachs has outperformed both the ac and citi with an 18% rise in the stock over the last month. today, of course, you downgraded goldman sachs in the light of that move. where are you on the sort of share price movement that is we might see in those three and oats moves forward? >> to see additional up side in a broker dealing, you have to see the economy get better. that could happen. i'm hoping it will happened. i'm just not sure if this is the time to put new money into goldman sachs, if we're sure not sure that will play its way out. it's just a matter of, how long does it take for the uncertainty to get out of the way, so companies can get back to making acquisitions. >> jeff, do people give you a hard time when you cut the ratings and yet boost the price targets? that gets made fun of a lot. >> yeah, we do get some for it. the price target increase, it's very form layically driven. what our pick it into our what it's done over
i actually feel the environment is still tough, maybe getting more friendlives can i ask you about the rally we've had generally? it's notable that goldman sachs has outperformed both the ac and citi with an 18% rise in the stock over the last month. today, of course, you downgraded goldman sachs in the light of that move. where are you on the sort of share price movement that is we might see in those three and oats moves forward? >> to see additional up side in a broker dealing, you have...
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Jan 15, 2013
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must like wise compete to earn a living, build a future, and raise a family in the safe and healthy environment. they face threats that once did not exist and we at the capitol have better make sure we are helping them. not hurting them in their efforts. [applause] together we make great strides in the last four years to improve arizona's competitive position. we face the hardest of times but sustain and strengthen state government through the downturn. per capita, arizona has the second number of state employees of all states. [applause] reformed our personnel system they will have a -- motivated by performance and accountable. [applause] we have passed meaningful reform to pass our education system and expand school choice. we limited regulation and enacted the a largest and most tax cut in the state history. unlike our friends in washington, d.c. [applause] and we even accomplished something novel and rare in politics. we kept our word. in 2010, we asked the people to increase their own taxes and promised them it would be temporary. that promise will be kept when proposition 100 sales taxes
must like wise compete to earn a living, build a future, and raise a family in the safe and healthy environment. they face threats that once did not exist and we at the capitol have better make sure we are helping them. not hurting them in their efforts. [applause] together we make great strides in the last four years to improve arizona's competitive position. we face the hardest of times but sustain and strengthen state government through the downturn. per capita, arizona has the second number...
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Jan 18, 2013
01/13
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and while, thankfully, no one ever told me college was not for me, milton was the first environment i was ever in where college was a normal expectations. i applied to five colleges back then. when the letter arrived saying i was admitted to one i wanted, i called home with the news and my grandmother answered the phone. i'm going college, i'm going harvard. she started yelling and screaming, so excited and so proud. and then she paused and she asked, where is that anyway? [laughter] i was totally deflated. but gradually i came to realize that that it was not the press teeing my grandmother was excited about. it was the opportunity. it was the chance. that's all that mattered. that's what always matters. maybe especially here. for pilgrims seeking to worship freely, for slaves seeking freedom, for immigrants seeking a better way, for your mothers, fathers, grandmothers and grandfathers seeking a tow tow hold in the middle class. massachusetts has a lafned opportunity. everybody in this chamber gets that. in many, many encounters i've had over the last six years, with members of the le
and while, thankfully, no one ever told me college was not for me, milton was the first environment i was ever in where college was a normal expectations. i applied to five colleges back then. when the letter arrived saying i was admitted to one i wanted, i called home with the news and my grandmother answered the phone. i'm going college, i'm going harvard. she started yelling and screaming, so excited and so proud. and then she paused and she asked, where is that anyway? [laughter] i was...
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Jan 15, 2013
01/13
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MSNBCW
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it's much harder to get anything done that in marineland or new york, where an urban environment is much more dominant. >> sir, i wanted to get your take on a completely off-topic question here, because some are saying you have inside knowledge about whether or not there will be some political face-changing going on for your home state of kentucky, and actress ashley judd's potential bid for u.s. senate. you told the wdrv news that i think she's very interested in becoming a candidate for some office. whether. i don't know, but she's a very serious potential candidate. what makes you believe she is a very serious potential candidate? >> well, first of all, she has been engaged in public policy questions for a number of years. i've been on programs with her, for instance, in opposition to mountaintop removal mining. she's got a public policy degree from harvard. this is somebody who has always been very, very involved in issues and very interested in politics, and she sees an opportunity to make a difference now. she's got a long career ahead of her. i think acting may have lost a bit of
it's much harder to get anything done that in marineland or new york, where an urban environment is much more dominant. >> sir, i wanted to get your take on a completely off-topic question here, because some are saying you have inside knowledge about whether or not there will be some political face-changing going on for your home state of kentucky, and actress ashley judd's potential bid for u.s. senate. you told the wdrv news that i think she's very interested in becoming a candidate for...
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Jan 20, 2013
01/13
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CNNW
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that ruined the environment. i know each side blames the other side. i don't want to revisit history, but as the president picks his order this time, republicans have, for example, shown a willingness to work on immigration. should he do immigration before gun control, try to cooperate before confrontation? >> well, i think the president is going to move forward and see this as a walk and chew gum moment. he's going to do the things that are so necessary for both the american economy and the american people. and the decision to move forward with gun control obviously comes out of the tragedy that took place in newtown, but also because of the many, many tragedies that have taken place in communities around the country. and obviously, the issue with regard to immigration reform is one of moving our economy forward as well as the moral issues that surround ensuring that we've got high-skilled immigration, but we also are moving people out of the shadows into american civic society. >> what about the cabinet? you were -- obviously you're a female, you're
that ruined the environment. i know each side blames the other side. i don't want to revisit history, but as the president picks his order this time, republicans have, for example, shown a willingness to work on immigration. should he do immigration before gun control, try to cooperate before confrontation? >> well, i think the president is going to move forward and see this as a walk and chew gum moment. he's going to do the things that are so necessary for both the american economy and...
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Jan 19, 2013
01/13
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MSNBC
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you have to think about what the men on the team are also think about the environment. if you want to sexually assault somebody, basically you are being sent the message that you can do it and get away with it. >> in april 2011, the obama administration released through joe biden actually new federal guidelines on how i believe colleges should be responding to these kinds of allegations. and they included speeding up the investigation, offering the investigations or video to the local police, has that changed? do you know if that has been a significant driver of any difference here? >> you know it doesn't seem like it is. just today we learned that unc has a dean that recently retired, accused the school of basically forcing her to under -- misrepresent the number of sexual assaults on campus and say it was much lower than it was because they didn't want their school to look bad. i think what we're dealing with here, there is so much interest in putting up images, that simple little tweaks are not doing the job of getting things better.
you have to think about what the men on the team are also think about the environment. if you want to sexually assault somebody, basically you are being sent the message that you can do it and get away with it. >> in april 2011, the obama administration released through joe biden actually new federal guidelines on how i believe colleges should be responding to these kinds of allegations. and they included speeding up the investigation, offering the investigations or video to the local...
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Jan 15, 2013
01/13
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FBC
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i guess it we learn that there's a message of getting money from this environment and things going out of control, beyond her state's ability to deal with it. >> usually, of course, this is a classic problem that the insurance company has to deal with. they damaged the offender and they want a new car. but they have a profit and discipline of bad behavior. >> so to that point, whether we were police or qwest or not, making sure that congress does not do that. what do you think? >> hinkley hefty set up a process in advance. this is a classic case. we are under the heat of battle, there are bad stories and it's tough for congress to discipline itself. >> you're just trying to make sure that the money isn't wasted. but you will grow. >> well, you do. and you have to have a profit. >> the kind of control, you know it, the residents in your state are going to get this money because it's going to bypass you to get a roof or to put a new roof on the smithsonian. >> you know, absolutely. there are profits in place. billions of dollars going on immediately. and it's really then it's really abou
i guess it we learn that there's a message of getting money from this environment and things going out of control, beyond her state's ability to deal with it. >> usually, of course, this is a classic problem that the insurance company has to deal with. they damaged the offender and they want a new car. but they have a profit and discipline of bad behavior. >> so to that point, whether we were police or qwest or not, making sure that congress does not do that. what do you think?...
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Jan 17, 2013
01/13
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they want to be able to compete, and i want to create a better environment for them, nd that helps our citizens. neil: neil, i'm for an efficient tax system, but i recognize we need taxes obviously, and i'm just wondering whether it borders on irresponsible when there's so many republicans, yourself including, bobby in louisiana, and governor bob mcdonald and getting rid of the gas tax all together, whether you're fooling people? leading them to think get rid of the taxes and survive on minor adjustments in other taxes without creating a real problem. >> neil, that's not what we're trying to do. i made it clear the plan is revenue neutral and budget neutral trying to collect the revenue because we have a certain speedometer -- responsibility in government. neil: how can that make up for just entirely taking away the state income tax? >> because right now our state income tax collects bout $2.4 billion, and we exempt $5 billion in sales tax exemptions so my argument is eliminate a half of those exemptions, and you get rid of the income tax. it's simple in that regard. now, it's not that
they want to be able to compete, and i want to create a better environment for them, nd that helps our citizens. neil: neil, i'm for an efficient tax system, but i recognize we need taxes obviously, and i'm just wondering whether it borders on irresponsible when there's so many republicans, yourself including, bobby in louisiana, and governor bob mcdonald and getting rid of the gas tax all together, whether you're fooling people? leading them to think get rid of the taxes and survive on minor...
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Jan 19, 2013
01/13
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the way in which young people, our students, our student athletes, my children are at risk in this environment to things like this because you just don't know who you're dealing with. >> that was notre dame's athletic director on wednesday night, speaking about the revelation that a large part of the inspiring story behind their heisman trophy finalist, manti te'o, was to good to be true. in fact, the girlfriend that had died, was not true. questions about how somebody had played a cruel trick, for 30 minutes he talked about how te'o was a victim, and firmly believed he had nothing to to do with the hoax. in 2010, elizabeth seburg, at the college across the street from notre dame told the campus police she was sexually assaulted by a notre dame football player. over the next ten days, a friend of the football player sent her multiple text messages, including this one, don't do anything you would regret. messing with notre dame football is a bad idea. lizzie committed suicide on day ten, the campus police didn't get around to questioning the football player until five days after her death. he w
the way in which young people, our students, our student athletes, my children are at risk in this environment to things like this because you just don't know who you're dealing with. >> that was notre dame's athletic director on wednesday night, speaking about the revelation that a large part of the inspiring story behind their heisman trophy finalist, manti te'o, was to good to be true. in fact, the girlfriend that had died, was not true. questions about how somebody had played a cruel...